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Listed by Melinda Allen Pelican Realty

$ 649,000

Est. payment | -/mo

2 Beds

3 Baths

2,880 SqFt

Save

$ 649,000

Est. payment | -/mo

Save

2 Beds

3 Baths

2,880 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $225

Subdivision Cedar Key

MLS Listing ID 799938

Style Traditional

Bedrooms 2

Full Baths 3

Year Built 1901

Annual Tax Amount $5,639

Tax Year 5639

Lot Size 2,613 Sqft

Lot Dimensions 2613.6

Property Sub-Type Single Family Residence

Property Description

Discover a rare piece of "Old Florida" history in the absolute heart of the Historic District of Downtown Cedar Key. This captivating, income-generating multi-unit commercial property offers a flawless blend of immediate revenue streams and untapped creative potential. Located just steps from the waterfront, local parks, shops, and dining, this property perfectly captures the relaxed coastal charm that brings visitors to Cedar Key year after year. The ground floor features a spacious, high-visibility storefront with an active commercial lease already in place, securing steady income from day one. Accessible via a private rear entrance, the upper level reveals a beautifully updated 2-bedroom, 2-bathroom residence optimized for the lucrative vacation rental market—or ready to serve as your personal historic homestead. Guests are welcomed by gorgeous wood stairs and a grand foyer with soaring high ceilings. The main floor boasts rich hardwood floors, a stackable laundry area, a full bathroom with a walk-in shower, and a fully equipped kitchen complete with granite countertops. Massive wraparound windows flood the living space with natural light, opening up to a private porch where you can watch the historic downtown bustle by. Upstairs, you will find two bedrooms, a full bath with brand-new flooring, and a private patio offering serene views of the backwater. The crown jewel of this property is the historic adjacent carriage house. Serving as a blank canvas, this standout feature is ready to be transformed into a boutique art gallery, a cozy caf, or a third vacation rental unit to maximize your return on investment or just use for storing your golf cart, kayak or canoe to enjoy many days on the Gulf! With a beautifully updated courtyard, a brand-new upstairs porch roof, and an updated water heater, this turnkey historic gem is completely ready for its next chapter of history!

Location

State FL

Interior

Interior Features High Ceilings, Ceiling Fan(s), Crown Molding, Granite Counters

Heating Electric, Ductless

Cooling Electric

Flooring Concrete, Hardwood

Fireplaces Type None

Inclusions All Furnishings In The Upstairs Vacation Rental Unit Are Included.

Fireplace No

Window Features Double Hung Windows,Window Treatments

Appliance Electric Cooktop, Dishwasher, Dryer - Electric, Microwave, Electric Range, Range Hood, Refrigerator, Washer/Dryer Stacked, Electric Water Heater, Tankless Water Heater

Laundry Laundry Closet

Exterior

Exterior Feature Balcony, Courtyard, Gutters/Downspouts, Other

Parking Features Off Street, Side/Rear Entry

Fence Fenced, Wood

Pool None

Community Features Street Lights

Utilities Available Internet

Waterfront Description None

Roof Type Metal

Garage No

Building

Lot Description Corner Lot, Rectangular Lot, Partially Landscaped, Wooded

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Three Or More

Schools

Elementary Schools Levy

Middle Schools Levy

High Schools Levy

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(877) 366-2213

support@lpt.com

1400 S International Parkway Suite 1020, Lake Mary, FL 32746, USA

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409 2nd St Cedar Key, FL 32625